Nicole Hemmer started her career in 2000. She is the co-founder of Linford & Co., LLP. Prior to Linford & Co., Nicole worked for Ernst & Young in Indianapolis, Chicago, and Denver. She specializes in SOC examinations and royalty audits and loves the travel and challenge that comes with clients across all industries. Nicole loves working with her clients to help them through examinations for the first time and then working together closely after that to have successful audits.
The AICPA has recently developed a cybersecurity risk management reporting framework that is being added to the suite of System and Organization Controls (SOC) report offerings. This framework will assist organizations in communicating relevant and useful information about their cybersecurity risk management program. Companies need to be able to evidence that they can manage cybersecurity […]
A type II SOC 1 (f. SSAE 16) or SOC 2 report (versus a Type I) is the most useful for a service organization to provide to a client. Most reports cover a 12 month period, but can be as short as six months
A royalty audit is a financial inspection that determines whether a licensee (user of a patent/license/franchise) is paying the licensor (owner of the patent/license/franchise) the correct amount of royalty fees.
Recently, we have noticed that clients of service organizations are asking for a “SOC” report in general, and not necessarily specifying which type of report they are looking for [i.e., SOC 1 (f. SSAE 16), SOC 2, or SOC 3].
